Loews Corporation (NYSE: L), a diversified company with businesses in areas like insurance and hospitality, on Monday announced results for the second quarter of fiscal 22025.
- Net income increased to $391 million or $1.87 per share in the second quarter from $369 million or $1.67 per share in the year-ago quarter
- CNA Financial‘s net income attributable to Loews decreased year-over-year, while Boardwalk Pipelines’ net income improved
- Loews Hotels’ Q2 profit decreased year-over-year, primarily due to lower equity income from joint ventures
- Total second-quarter revenues rose to $4.56 billion from $4.27 billion in the corresponding quarter a year earlier
- Book value per share moved up to $84.42 as of June 30, 2025, from $79.49 a year earlier
- The company had $3.4 billion of cash and investments and $1.8 billion of debt as of June 30, 2025
- Loews repurchased 2.9 million shares during the second quarter for a total cost of $251 million
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Citigroup set to report Q4 2025 earnings. Here’s what to expect
Citigroup Inc. (NYSE: C) has undergone a sweeping transformation in recent years, emerging as a more streamlined and profitable financial institution. The bank's performance in recent quarters has underscored the
Home Depot (HD), Lowe’s (LOW): Home improvement pressures not expected to abate soon
Home improvement retailers Home Depot (NYSE: HD) and Lowe’s Companies, Inc. (NYSE: LOW) have been facing a challenging operating environment for a while now. The companies have been battling macroeconomic
Earnings Summary: AngioDynamics (ANGO) Q2 FY26 sales increase 8.8%
Medical technology company AngioDynamics, Inc. (NASDAQ: ANGO) on Tuesday reported an increase in net sales for the second quarter of fiscal 2026. In Q2, net sales increased 8.8% year-over-year to
